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Advisers still unclear on referral rulesBY ELIZABETH MCARTHUR | WEDNESDAY, 29 JAN 2020 12:34PM
The Financial Adviser Standards and Ethics Authority Code of Ethics which came into effect from the start of the year has left many unclear on what kind of referrals are allowed.
Read more: FASEA, YBR, Ben Marshan, Phil Anderson, Mark Bouris, Yellow Brick Road
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Report: Building stronger relationships with ESG investing
The earlier than expected easing of restrictions in Australia that defrosted social and commercial activity has had its desired effect - rebounding business conditions and confidence, and the feared one - a second wave.
Around 300,000 Australians lodged their second application to access their super early at the start of the new financial year.
Spaceship chief executive Andrew Moore says its managed investments business has been the "single, strongest" source of growth for its $300 million superannuation fund.
Nine industry funds are working with Frontier Advisors to probe new longevity risk products for retiree members, which could include tweaking account-based pensions.
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